The recent decline in the crypto market has seen ethereum transactions fall back down to cost-effective levels once again. Sunday saw the average transaction fee needed was just five gwei, or $0.15. …
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El Salvador will buy an estimated $135,000,000 worth of Bitcoin (BTC)
El Salvador is preparing to hand out $135 million worth of bitcoins to its citizens. Last Thursday, El Salvadorian President Naib Bukele announced that El Salvador’s adult citizens would receive …
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CME Micro Bitcoin futures surpass 1 million contracts as institutional speculation rises
Institutional exposure to cryptocurrencies via derivatives continued to grow in the second quarter, as CME Group’s newly launched Bitcoin (BTC) micro contract received considerable uptick in its first two months …
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30 Bitcoin miners will receive license in Iran amidst BTC hashrate drop
Thirty Bitcoin mining farms in Iran received operational licenses last week as the government softened its stance on the crypto market, local outlet Financial Tribune reported. Bitcoin mining, for the uninitiated, uses up a massive computing …
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Tanzania central bank may rescind cryptocurrency ban after presidential endorsement
The Bank of Tanzania is reportedly working to overturn its ban on crypto amid favorable cryptocurrency comments made by the country’s president. According to Reuters, Tanzania’s central bank has begun working …
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Athena confirmed plans to bring 1500 Bitcoin ATMs to El Salvador
U.S. company Athena intends to supply El Salvador’s new crypto-based economy with 1500 Bitcoin ATMs, a company representative has confirmed. The rollout will start small, trialing a few dozen machines …
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Ethereum testnet burns 88K ETH in preparation for EIP-1559
Ethereum’s London hard fork launched on the Ropsten testnet on June 24 in preparation for the mainnet rollout in July. The upgrade will usher in the implementation of the highly …
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El Salvador to reveal official Bitcoin digital wallet ‘Chivo’
El Salvador has announced that it will release an official digital wallet for BTC and other currencies, according to a local media report published on June 24. The effort follows the approval …
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Billionaire Mark Cuban now holds 115 altcoins
Billionaire investor and business tycoon Mark Cuban’s Ethereum wallet is becoming increasingly inundated with altcoin allocations. According to on-chain data, the Shark Tank star’s Ethereum wallet currently holds 115 altcoins, …
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Palestine is looking to launch central bank digital currency
Following Israel’s recent tests of a digital shekel, the Palestinian Monetary Authority is looking to launch its own central bank digital currency, according to a Bloomberg report. Bound by 1990s accords with Israel, Palestine …
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